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20121129
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of perfection. >> gretchen: when president obama needed a business boost during his reconnection campaign, the former ceo of costco came to his defense, making a prime time speech at the democratic national convention. >> business needs a president who covered the backs of businesses, a president who understands what the private sector needs to succeed. a president who takes the longview and makes the tough decisions. that's why i'm here tonight supporting president obama. >> gretchen: so now he and the rest of the costco board cashing in on that support, having voted to give them selves a special dividend to avoid the president's looming tax increase. so is this what the president means by tax fairness? the host of varney and company, stuart varney, is here. i'm so glad you're going to explain this because it is relatively complicated. what did they do? >> first of all, let me explain tax hypocrisy. here is how it works, the board of costco, which is headed by that gentleman, they vote themselves a special $7 per share dividend. he and his wife own 2 million shares of costco. so they ge
. >>> president obama has a busy couple of days coming up. today he hosts the prime minister of bulgaria in the oval office, then heads to national defense university to deliver remarks there. tomorrow the president meets with governors at the white house. they will be discussing, what else, the impending fiscal cliff. >>> news corporations uk chief tom mockridge is stepping down. he took over the unit 18 months ago at the height of the company's phone hacking scandal >>> the time has finally come, cory booker taking the food stamp challenge this week. the newark mayor will only be eating with food he can buy for $37. that is the average food stamped benefit in his week. booker said he will be giving up coffee because he can't afford it. that will be tough for us. >> no doubt. >> interesting to see at the end of that how he does. >> i'm sure he will be documenting on twitter what goes on during those days. coming up, one of the strangest cases of cosmetic surgery, can't make this up. did you read about this? mustache implants. that's right. we'll tell you about it next. [ male announcer
people n if it affects the economy, it facts everyone. and those people are small businesses. those people then it goes down to the employees and it slows our economy and this is not a time to be doing that. this is why president obama extend the tax rates for a year action because he said this could hurt the economy. here we are again. we're not anywhere different than we were last year really. >> gregg: donna, dick durbin, the senate's number two democrat, said that social security is off the table because i'm going to quote him here -- it does not add a penny to our deficit. that's ludicrus. >> i think that i'm unable to comment because i think the context may have something to do with the sense of lock box and where this money actually comes from and where it sits in the meanwhile before it gets spent. but i also think it's awfully important to remember that in terms of republican cooperation, the president really has been i think very sincere about seeking that cooperation and initially speaker boehner i think expressed with great sincerity his interest in cooperation. i dare s
it would hurt my business. it is a leap. it is very bold and it would be a little bit of a transition period but president obama could have done it. i agree with congressman, it will be nice if people would talk about it, but with they're not even talk being entitlement reform. so they're not going to talk about taxes. >> brian: we're talk being you on "the five." i would not be surprised if some of those topics worked its way into the format. >> we missed you on "the five." we liked it when you were there to steer the conversation. >> brian: really? >> you're a very good leader. >> brian: thank you. you are a liar! >> steve: we'll be watching today. >> thanks. >> gretchen: coming up, leaks from inside the white house claim president obama is willing to take the nation over the fiscal cliff if he doesn't get his way with raising taxes on the rich. where does that leave republicans now with our entire economy potentially on the line? senator orrin hatch, known for reaching across the aisle joins us next. >> brian: then this brave auto zone employee saved his boss' life, taking down a v
Search Results 0 to 3 of about 4